Amendment to National Minimum Wages Rates

National Minimum Wage (Amendment) Regulations 2023

LNB News 31/01/2023 24

 

 

Document Information

Published date: 31 January 2023

Enactment citation: SI 2023/Draft

Commencement date: 1 April 2023

Legislation affected: SI 2015/621 amended

Enabling power: National Minimum Wage Act 1998, ss 1(3), 2(1), (2)(d), (5), 3(2)(b), 51(1)(a)

Jurisdiction: England, Northern Ireland, Scotland, Wales

SI 2023/Draft: These draft Regulations are laid to amend the National Minimum Wage Regulations 2015, SI 2015/621 to increase the single, main hourly rate of the National Living Wage or ‘NLW’ which was introduced in April 2016 and applies to working people aged 23 or over. They also increase the hourly rate of the National Minimum Wage or ‘NMW’ for workers aged 21 years or over (but not yet aged 23), workers aged 18 years or over (but not yet aged 21), those under the age of 18 and apprentices who are under the age of 19 or in the first year of their apprenticeship. They are due to come into force on 1 April 2023.

 

These draft Regulations are laid to amend SI 2015/621 to:

 

  • increase the rate of the national living wage for workers who are aged 23 or over from £9.50 to £10.42 per hour

 

  • increase the rate of the national minimum wage for workers who are aged 21 or over (but not yet aged 23) from £9.18 to £10.18 per hour

 

  • increase the rate of the national minimum wage for workers who are aged 18 or over (but not yet aged 21) from £6.83 to £7.49 per hour

 

  • increase the rate of the national minimum wage for workers who are under the age of 18 from £4.81 to £5.28 per hour

 

  • increase the rate for workers within SI 2015/621, reg 5(1)(a) and (b) from £4.81 to £5.28 per hour

 

  • increase the accommodation offset amount which is applicable where any employer provides a worker with living accommodation from £8.70 to £9.10 for each day that accommodation is provided